Amendment SA1-SB450

LRBa1869/1

PJK:jlg:km

1997 - 1998 LEGISLATURE

SENATE AMENDMENT 1, TO 1997 SENATE BILL 450

March 10, 1998 - Offered by Committee on Health, Human Services, Aging, Corrections, Veterans and Military Affairs.

SB450-SA1,1,1 At the locations indicated, amend the bill as follows:

SB450-SA1,1,2 1. Page 7, line 24: after "Purposes." insert "(a)".

SB450-SA1,1,4 2. Page 8, line 1: delete "A corporation" and substitute "Subject to par. (b), a corporation".

SB450-SA1,1,5 3. Page 8, line 5: after that line insert:

SB450-SA1,1,9 "(b) A corporation organized as a mutual insurance holding company under this chapter may engage, directly or indirectly, in a business that is subject to regulation under another statute of this state only if not prohibited by, and subject to all limitations of, the other statute.".

SB450-SA1,1,10 (End)